F&C EUROPEAN CAPITAL PARTNERS II (GP) LIMITED

• ⚠

  Material uncertainty over going concern

  The initial life of the Fund has been extended to 30 June 2026. The extension to the Fund's life was sought to continue to allow for an orderly exit and value maximisation of remaining assets. Although it is expected that investor consent for an extension to the Fund's life of a further 12 months will be sought and received in 2026, this has not been granted at the date of signing the Company's financial statements. As the Company's only activity relates to the Partnership's management of the Fund, failure to agree a continuation would result in a cessation of the Company's trade. This therefore indicates the existence of a material uncertainty related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business. The financial statements do not include any adjustments that would result if the Company were unable to continue as a going concern.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The initial life of the Fund has been extended to 30 June 2026. The extension to the Fund's life was sought to continue to allow for an orderly exit and value maximisation of remaining assets. Although it is expected that investor consent for an extension to the Fund's life of a further 12 months will be sought and received in 2026, this has not been granted at the date of signing the Company's financial statements. As the Company's only activity relates to the Partnership's management of the Fund, failure to agree a continuation would result in a cessation of the Company's trade. This therefore indicates the existence of a material uncertainty related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business. The financial statements do not include any adjustments that would result if the Company were unable to continue as a going concern.”

Group structure

1. F&C EUROPEAN CAPITAL PARTNERS II (GP) LIMITED · parent
   1. F&C European Capital Partners II LP · Scotland
   2. F&C European Capital Partners II (GP) LP · Scotland
   3. F&C European Capital Partners II (Founder Partner) LP · Scotland

Significant events

• “The Company made a profit after tax during the year of £34,237 (2023: profit after tax of £63,235) largely due to the Company recognising an additional impairment loss on its loan to a related party.”
• “The initial life of the Fund has been extended to 30 June 2026. The extension to the Fund's life was sought to continue to allow for an orderly exit and value maximisation of remaining assets.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.